Wednesday, August 25, 2010

Peter Lynch

Peter Lynch is one of world's most renowned Wall Street stock investor. Lynch graduated from Boston College in 1965 and earned a Master of Business Administration from the Wharton School of the University of Pennsylvania in 1968.

Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990, during which time the fund's assets grew from $20 million to $14 billion. More importantly, Lynch reportedly beat the S&P 500 Index benchmark in 11 of those 13 years, achieving an annual average return of 29%.

He is considered one of the greatest investors in the world.

Peter Lynch, a Catholic, is also President Emeritus of The Catholic Schools Foundation, Inc.

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